Obtaining a gambling license in Sweden

Obtaining a gambling license in Sweden

Sweden is one of the most liberal countries in Europe. Its democratic legislation also affects the gambling industry. Gambling in this jurisdiction has been legalized recently, and due to such a new regulatory framework implementation, Swedish regulatory bodies are seeking to control this area to the fullest extent.

There are two types of licenses:

  • Betting license
  • Online casino license

Terms: 3-6 months

Basic information regarding obtaining a gambling license in Sweden:

  1. You can apply for obtaining a gambling license in Sweden at any time.
  2. The license is issued for 5 years.
  3. Taxation in Sweden for casinos – 18% of GGR (Gross Gambling Revenue). All tax returns must be submitted to the regulator on a monthly basis.

The registered capital required for obtaining a gambling license in Sweden: From the legal perspective, there are no requirements for the share capital. Nevertheless, in practice, before issuing a license, the regulator looks at the activities, budget, planned turnover, etc., and sets the authorized capital individually for each company.

Price includes the following:

  • Company registration
  • Assistance in obtaining a license
  • Registered legal address for 1 year

Price: on request

Details: julia.z@eternitylaw.com, Telegram @juliazhil.

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